PANews reported on February 19 that according to Crypto Briefing, Kyle Song, Web3 expert of Google Cloud Asia Pacific, revealed in his speech at the Hong Kong Bitcoin Technology Carnival that Google is committed to making Bitcoin wallets as user-friendly as Web2 applications. Google's vision is to allow users to log in to Bitcoin wallets using their existing Google accounts. The purpose of this goal is to make Bitcoin closer to mainstream users.
Song said the launch of a spot Bitcoin ETF in 2024 opens up a more convenient path for large Web2 companies such as Google to enter the Bitcoin industry. The tech giant has been working with companies and developers in the Bitcoin space since last year. "We are exploring ways to lower the barrier to entry so that Web2 users can easily use Bitcoin," Song said. Speaking about bridging the technological gap between traditional finance and blockchain-based finance, Song noted that Google is focusing on improving security. "We are also working on solutions to address the trust issues between on-chain systems and off-chain systems," Song said. Google is particularly considering how to use advanced cryptographic techniques such as zero-knowledge proofs (ZKP) to improve reliability."
